Western Regional Office
“We are pleased to provide acquisition financing for the Sparc Apartments. Sparc is a best-in-class property with top quality amenities, and an excellent location in Bellevue’s exciting new Spring District. The Eastside of King County is a strong multifamily housing market with great fundamentals.”
—Kirk Kniss, Senior Director
- Sparc is a new, Class A, 309 unit, mid-rise multifamily property located in the heart of a new master-planned, transit-oriented, mixed-use development of Bellevue
- NYLREI won this very competitive transaction by providing the right combination of loan proceeds, spread, and interest-only period, and through our responsiveness
Source: REI Western Regional Office, January 2019.
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